Oil falls more than 1.5pc on demand fears and strong dollar

WASHINGTON: Oil fell by more than 1.5 per cent on Monday, pressured by expectations of weaker global demand and by US dollar...

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

WASHINGTON: Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest...

Oil ticks up on correction, on track for weekly loss on recession fears

TEXAS: Oil prices edged higher on Friday but were on track for a weekly decline amid fears of sharp interest rate hikes...

Dollar pushes towards fresh 24-year peak versus yen after US CPI shock

WASHINGTON: The dollar climbed close to a 24-year peak against the yen on Wednesday amid a jump in United States yields after...

Oil prices rise on concerns over tight supplies

BEIJING: Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about...

India’s rice export curbs paralyse trade in Asia as prices rise

MUMBAI: India's restrictions on rice exports have paralysed trading in Asia, with buyers scouring for alternative supplies from Vietnam, Thailand and Myanmar...

Oil falls to 7-month low on renewed demand fears, rate hike expectations

MOSCOW: Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as Covid-19 curbs in top...

Dollar crushes yen as aggressive Fed bets ramp up

WASHINGTON: The dollar hit a 24-year high against the yen on Wednesday after US economic data reinforced the view that the Federal...

Oil steadies after rally on symbolic Opec+ output cut

Oil steadied on Tuesday after a two-day rally as Opec+’s decision to cut output in October was balanced by concern about a...

Euro hits 20-year low on Russian gas halt

PARIS: The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on...

Oil prices jump more than $2 ahead of OPEC+ meeting

WASHINGTON: Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by Opec+ producers to...

Oil prices fall on recession fears

WASHINGTON: Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, the prospect of...

Brent stable as market juggles inflation woes with supply fear

WASHINGTON: Oil prices were stable on Tuesday as the market balanced supply concerns with fears that an inflation-induced weakening of global economies...

India’s Gautam Adani becomes world’s third-richest person

DELHI: Indian industrialist Gautam Adani became the world’s third-richest person on the Bloomberg Billionaires Index on Tuesday, the first time an Asian has...

Oil prices edge up on signs of improving demand

WASHINGTON: Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as...